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Business Strategy and Profitability News & Media

At the Summit: How to create a franchise-friendly supply chain

by Travis Wagoner — Editor, Networld Media Group

The supply chain is often the thorn in the side of franchisors, especially those that have brands spread nationwide or globally.

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Wingstop, Pizza Hut, Cici's Pizza execs debate importance of mobile apps

by Travis Wagoner — Editor, Networld Media Group

The customer experience at a restaurant is paramount to a restaurant's success. Mobile apps have become increasingly part of that experience, but how important…

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MOD Pizza completes 115th install of PAR's Brink POS

April 6, 2016

MOD Pizza has opened its 115th store in the U.S. outfitted with PAR's Brink POS software and PAR EverServ 500 terminals.

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Pie Five wins award for loyalty innovation

April 5, 2016

Paytronix Systems Inc announced the fifth winner of its 2016 Paytronix Loyaltees Awards: Pie Five Pizza for the Loyalty Innovation award.

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Trademarking 101: Can Chipotle be the 'Chipotle of the better-burger' segment?

by Cherryh Cansler — Editor, FastCasual.com

The term "better burger" may prove difficult to trademark, however, as it's been widely used among media and other restaurant operators to describe a variety…

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Slapfish CEO urges Summit attendees to 'make your most annoying customer your best friend'

by Travis Wagoner — Editor, Networld Media Group

Slapfish founder Andrew Gruel responds to approximately 30 online reviews daily about his company — regardless of whether they are positive or negative. He…

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Customers will ultimately pay the price from wage increase, says Sonic chief

April 1, 2016

The higher minimum wage will likely be paid for through menu pricing in order to keep franchises profitable, says CEO Clifford Hudson.

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California green-lights $15 minimum wage

March 31, 2016

California lawmakers are signing off on a bill to boost the state'’s minimum wage to $15 within six years.

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Blaze Fast-Fire'd Pizza delivered strong performance in 2015

March 21, 2016

Blaze Fast-Fire'd Pizza President and COO Jim Mizes said the chain "delivered strong performance in 2015 by successfully executing on our growth strategy."

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MOD Pizza raises $32M in equity funding to support expansion

March 16, 2016

MOD Pizza has raised approximately $32 million in an equity funding round led by existing investor PWP Growth Equity.

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NorthStar Order Entry POS system has new features

March 15, 2016

Custom Business Solutions has released NorthStar Order Entry 4.0 with expanded capabilities for improving operations and increasing efficiency for restaurant…

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HotSchedules launches Global Partnership Network

March 14, 2016

HotSchedules, a provider of mobile technology for the restaurant and hospitality industries, introduced its Global Partnership Network.

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Restaurant sales growth weak despite February improvement

March 14, 2016

Chain restaurants posted positive same-store sales growth of 0.4 percent in February after a slow January.

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ADP report reveals franchise job growth in February

March 11, 2016

Franchise sector 2016 job growth in the U.S. was up by 18,500 in February, according to the latest ADP National Franchise Report.

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OrderSnapp launches new kiosk, table top ordering systems

March 10, 2016

OrderSnapp, a provider of online and mobile ordering technologies for restaurants with major take-out and delivery businesses, debuted its first kiosk and…

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Manitowoc Foodservice debuts as independent, publicly traded company

March 7, 2016

Manitowoc Foodservice Inc, a supplier of commercial foodservice equipment, has debuted as a standalone, publicly traded company following its spinoff from The…

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4 ways to control your food costs in 2016

by John Krebs — President, Axis Purchasing

Commodity prices have temporarily fallen and taken some pressure off food cost. Now is the time for strategic buyers to align with manufacturers, distributors…

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HotSchedules, QSR Automations partner to bring restaurants operations to Internet of Things

March 4, 2016

HotSchedules has partnered with QSR Automations to bring guest management and kitchen display systems to the Internet of Things.

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Technology: A brand-driver or a necessary evil?

by Steve Starr — Chief, starrdesign

Allowing your guests to view menus, place orders and read nutritional information while at home or on-the-go is paramount. But just because we can, should we…

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Jack in the Box CEO: Q1 earnings disappointing

February 18, 2016

Jack in the Box Inc Chairman and CEO Lenny Comma called the company's first-quarter operating earnings per share "disappointing."

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